Netscientific Share Discussion Threads

[mr woodentop] 23/6/2015 10:42

AGM statement refers to fund raising in the next 12 months. Anybody at the AGM get a feel for how they intended to do this ie rights issue, placing etc

[howdlep] 22/6/2015 09:35

presentation will be online later. That's the time to judge things.

I will continue to add on weakness

[angus17] 22/6/2015 08:24

what's so bullish about it
but of a non statement in my opinion
just wonder if they had hoped or planned for a more interesting runs

[angus17] 22/6/2015 08:24

what's so bullish about it
but of a non statement in my opinion
just wonder if they had hoped or planned for a more interesting runs

[howdlep] 22/6/2015 08:01

I shall be expecting to see an all time closing high today, after what is a bullish pre AGM statement:-


AGM Statement

RNS

RNS Number : 7804Q
NetScientific PLC
22 June 2015


NetScientific plc

Annual General Meeting

London, UK - 22 June 2015 - NetScientific plc ("NetScientific" or "the Group", AIM: NSCI), the biomedical and healthcare technology group, is holding its Annual General Meeting (AGM) today at 11am. Ahead of this meeting Chairman, Sir Richard Sykes, will make the following comments:

"2015 has been transformational for the Group's evolution. Notably, our Board review of the business strategy has led to a revitalised focus on funding, development and management of early and mid-stage healthcare technology companies, sourced from USA and UK strategic partnerships. We are concentrating on three core areas - proven technology in digital health, diagnostics and therapeutics. These sectors represent highly attractive growth markets where breakthrough technology solutions are in high demand.

"The appointment of François Martelet as CEO in June was well timed for him to lead on the new strategy, bringing over 20 years' of biopharma experience and knowledge of commercialisation with him to further strengthen the team. François will be presenting at the AGM to highlight his next steps in the management of the Group including his plans to undergo an in-depth, systematic portfolio review in the three healthcare segments. He will stress his intention to accelerate growth in NetScientific's lead portfolio companies - Wanda, Vortex, Glucosense, Glycotest and Proaxsis and divest interests in non-core assets. A fuller update will follow with the interim results in September.

"Today Nicholas Heckford, Executive Director - Commercial and Legal, has announced his retirement and departure from the Board at the end of September. Most of his responsibilities will be taken up by the Company Secretary, Ernest Schneider. Nicholas has been with the Group since inception and his contribution has been significant and much appreciated. We wish him all the best in his retirement."

François Martelet's presentation will be available on Netscientific's website after the meeting.


-Ends-


About NetScientific

NetScientific is a biomedical and healthcare technology group that funds and develops technologies that offer transformative benefits to people's lives and society through improved diagnosis, prognosis and treatment. For more information, please visit the website at www.netscientific.net

[protean] 19/6/2015 19:28

In this video earlier today, Woodford highlights DDDD, ALM and OXP.



All three have performed well today, perhaps on the back of this coverage.

Quite possible that NSCI could be a short term beneficiary of this with Woodford in the press and investors searching for his next big winner.

[protean] 19/6/2015 19:19

Woodford getting some positive press at the moment.



He certainly has a consistent record over time as a fund manager. Of particular interest is his notable recent success in the biotech/pharma arena with the BBC article highlighting significant gains at DDDD and OXP.

He'll be hoping the same success can be replicated here and is clearly confident of significant upside having taken a chunky 29% stake.

[shafaq] 19/6/2015 14:29

Couldn't ignore this,so took a position albeit 2k.One decent contract then goodbye to 180s.

[spurberry] 19/6/2015 14:06

Breakout, agm on Monday, two products into production this year, great management, small free float and many more pros

[65jack] 19/6/2015 13:56

here we go breakout now

[65jack] 19/6/2015 10:57

on the move now. breakout out underway

[pyglet] 19/6/2015 10:24

AGM on Monday

[65jack] 19/6/2015 08:45

Close to breaking out here. can see a major breakout above £2 soon

[mortimer7] 18/6/2015 11:48

It is illiquid. That said, there's just been 11 trades in the last quarter hour.
Plenty of interest.

[mirabeau] 18/6/2015 11:37

It's an illiquid stock so even tiny trades have an exaggerated influence on the price

[angus17] 18/6/2015 11:36

if there is anything juicy normally a statement before markets open so 7am RNS hopefully.

If not then AGM will be just ticking and voting and any RNS will not be price sensitive.

Companies often use the agm day as a chance for a statement of some description if that is there is something good to be said.

Gamble time maybe today and tomorrow to top up

[mortimer7] 18/6/2015 11:32

AGM Monday 22nd June 2015, 11am. Hope they issue an update statement afterwards.

[angus17] 15/6/2015 11:10

we were told contracts might be announced in June. Come on lets have some great news please.

[howdlep] 14/6/2015 16:47

bamboo2,

Its a free subscription, as is Twitter and his latest thoughts can be read here:-

[pyglet] 09/6/2015 09:42

Near on 4% drop when only 2800 shares sold? Amazing!

[bamboo2] 08/6/2015 08:18

howdlep, it's a subscription site. What's his reputation like?

[howdlep] 08/6/2015 08:16

Zak Mir out with 250p target while > 157p

[protean] 06/6/2015 17:18

"In 2015, we anticipate commercial launches from our core portfolio companies, Wanda Health and Vortex BioSciences, further enhancing the value of our portfolio. Post year end, we initiated a review of our portfolio and strategy and we will report the results by mid-year 2015."



Plenty of scope for newsflow and some in the near term.

With such a small free float and the likes of Woodford in for the long haul, there is the potential for price to move very swiftly upwards on any positive RNS.

[howdlep] 06/6/2015 16:47

Only 8.86% not held by the top 6 major shareholders!!

[mirabeau] 06/6/2015 14:09

I bet the free float is so tight here now.

It's one of those stocks with deep, embedded (to be released) value. A tad similar to AMP but on a different scale